Milwaukee-based Rockwell Automation reported a $167.8 million increase in net profit, or $1.16 per share, in the fiscal second quarter of 2012.
Rockwell’s Q2 earnings fell below analysts expectations, as they were only slightly higher than the $166.4 million increase, or $1.14 per share, reported in the same quarter in 2011.
Quarterly sales increased by 7% to $1.56 billion, and the company maintained earlier guidance for higher sales and profits for 2012.
For the full year, Rockwell forecasts earnings of $5.10 to $5.40 per share, up from $4.80 in 2011. After reporting $6 billion in 2011 sales, the company expects 2012 full-year sales to range from $6.25 billion to $6.45 billion
For more information on Rockwell’s quarterly financial performance, visit the company website.
